Post
Topic
Board Gambling discussion
Re: Trading vs Gambling
by
8Habits
on 22/01/2018, 23:54:32 UTC
Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue
thats right trading has small part of gambling,as we knew no one knows what would be the next coin to rise,we only have some ideas becauseof flow chart and the ico with the team but the reality we gambled our funds everytime we buy every coins that we wanna capitalized..

For me even theres really have no big difference the two choices stil i will choose trading as im not a fan of gambling and i dont want to be more involved in such .

For me, when you just trade randomly without a clear pre-planned strategy to follow in all your trades, that is gambling and high risk. Because even if you follow a strategy in trading, there is still no guarantee that you win on that trade but at least you are minimizing the risk of losing a trade with a strategy. My point is that, we should have good knowledge, skills, and pre-planned trading strategies to follow so that emotions will at least be minimize in our trades.